Waterville, MN Real Estate
According to census data in the year 2000 there were 868 housing units in Waterville.
This represents a 6.2% growth from 817 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 868 were located in what is classified as a rural area.
Homeownership rate in Waterville is about 76.9%.
Waterville's vacancy rate, including seasonal lodging, is about 13.8%.
Average household size is 2.35 people.
The majority of houses, apartments or condos in Waterville were built after 1952.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.90% |
| One Bedroom | 17.10% |
| Two Bedrooms | 32.30% |
| Three Bedrooms | 32.70% |
| Four Bedrooms | 15.40% |
| Five Bedrooms or more | 1.60% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.47 |
| Median year structure was built | 1950 |
| Median Value of occupied units | $83,700 |
| Median Price asked for vacant units | $60,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.94 |
| Median year structure was built | 1961 |
| Median Monthly Rent asked for vacant units | $338 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 5.50% |
| Home Equity Loan | 8.80% |
| Simple Mortgage | 49.20% |
| Debt Free | 36.50% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 16.7% |
